Which equity sectors won the last decade? Part (3)
22th September, 2020
Final part of the series of posts, in which 10 year returns of 12 sector ETF's were compared with returns of S&P500. In the previous post, 4 sectors (Materials, Industrial, Consumer Discretionary and Consumer Staples) were covered.
The last four sectors are illustrated in the charts below, they include:
- 1. Financial (XLF)
- 2. Real Estate (VNQ)
- 3. Utilities (XLU)
- 4. Semiconductors (SMH)
Semiconductors was the standout sector in this group. The sector's average returns were even higher than tech stocks (VGT), but the two sectors are strongly correlated (>0.9).
Utilities, as expected, had the lowest volatility (VAR of 6.3%) with solid returns (>10%), though still sluggish compared to S&P500.
Semiconductors was the standout sector in this group. The sector's average returns were even higher than tech stocks (VGT), but the two sectors are strongly correlated (>0.9).
Utilities, as expected, had the lowest volatility (VAR of 6.3%) with solid returns (>10%), though still sluggish compared to S&P500.
